Global Clinical Communication and Collaboration Industry

Global Clinical Communication and Collaboration Industry

  • July 2020 •
  • 173 pages •
  • Report ID: 5895882 •
  • Format: PDF

Global Clinical Communication and Collaboration Market to Reach US$1 Billion by the Year 2027
Amid the COVID-19 crisis, the global market for Clinical Communication and Collaboration estimated at US$353.8 Million in the year 2020, is projected to reach a revised size of US$1 Billion by 2027, growing at a CAGR of 16.5% over the period 2020-2027.Software, one of the segments analyzed in the report, is projected to grow at a 14.7% CAGR to reach US$701.9 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Service segment is readjusted to a revised 21.4% CAGR for the next 7-year period. This segment currently accounts for a 23.9% share of the global Clinical Communication and Collaboration market.

The U.S. Accounts for Over 29.6% of Global Market Size in 2020, While China is Forecast to Grow at a 15.9% CAGR for the Period of 2020-2027
The Clinical Communication and Collaboration market in the U.S. is estimated at US$104.6 Million in the year 2020. The country currently accounts for a 29.57% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$179.4 Million in the year 2027 trailing a CAGR of 16% through 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 14.8% and 14.2% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 12.1% CAGR while Rest of European market (as defined in the study) will reach US$179.4 Million by the year 2027.We bring years of research experience to this 8th edition of our report. The 173-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

- Competitors identified in this market include, among others,
  • Ascom Holding AG
  • Ashfield Healthcare Ltd.
  • Cisco Systems, Inc.
  • Everbridge, Inc.
  • Jive Software, Inc.
  • Microsoft Corporation
  • NEC Corporation
  • PatientSafe Solutions
  • PerfectServe, Inc.
  • Spok Inc.
  • TigerConnect
  • Uniphy Health Systems LLC
  • Voalte, Inc.
  • Vocera Communications, Inc.